SCHOTTEL NORDIC AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

25,7 %

Current Ratio

4,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 929 000	88 562 000	75 476 000	92 484 000
Net Income	9 727 000	10 943 000	8 100 000	11 263 000
Total Assets	48 439 000	50 958 000	44 171 000	45 103 000
Total Equity	37 841 000	41 759 000	34 866 000	32 398 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 929 000	88 562 000	75 476 000	92 484 000
Expenditure	77 199 000	74 814 000	64 085 000	79 949 000
Operating Profit	11 731 000	13 749 000	11 391 000	12 536 000
Financial Income	1 657 000	1 879 000	1 749 000	2 624 000
Financial Costs	888 000	1 588 000	2 745 000	695 000
Financial Balance	769 000	291 000	−996 000	1 929 000
Earnings Before Tax	12 500 000	14 040 000	10 395 000	14 465 000
Tax	2 773 000	3 097 000	2 294 000	3 201 000
Net Income	9 727 000	10 943 000	8 100 000	11 263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 069 000	1 329 000	1 610 000	1 037 000
Total Current Assets	47 369 000	49 629 000	42 561 000	44 065 000
Total Assets	48 439 000	50 958 000	44 171 000	45 103 000
Total Retained Equity	32 362 000	36 280 000	29 388 000	26 919 000
Total Equity	37 841 000	41 759 000	34 866 000	32 398 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 598 000	9 199 000	9 304 000	12 705 000
Total Equity and Debt	48 439 000	50 958 000	44 171 000	45 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 193 000	85 449 000	70 843 000	89 991 000
Other Income	1 736 000	3 113 000	4 633 000	2 493 000
Revenue	88 929 000	88 562 000	75 476 000	92 484 000
Cost of Goods Sold	46 471 000	47 862 000	37 541 000	57 208 000
Salary Costs	18 684 000	17 813 000	15 545 000	14 751 000
Depreciation	200 000	219 000	205 000	274 000
Impairment	0	0	0	0
Expenditure	77 199 000	74 814 000	64 085 000	79 949 000
Operating Profit	11 731 000	13 749 000	11 391 000	12 536 000
Financial Income	1 657 000	1 879 000	1 749 000	2 624 000
Financial Costs	888 000	1 588 000	2 745 000	695 000
Financial Balance	769 000	291 000	−996 000	1 929 000
Dividends	0	0	5 632 000	3 839 000
Net Income	9 727 000	10 943 000	8 100 000	11 263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	347 000	414 000	330 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	917 000	982 000	1 196 000	708 000
Total Tangible Assets	917 000	982 000	1 196 000	708 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 069 000	1 329 000	1 610 000	1 037 000
Stock	16 874 000	11 543 000	10 853 000	8 933 000
Total Investments	0	0	0	0
Cash, Bank	21 683 000	32 429 000	25 279 000	18 634 000
Total Current Assets	47 369 000	49 629 000	42 561 000	44 065 000
Total Assets	48 439 000	50 958 000	44 171 000	45 103 000
Total Equity	37 841 000	41 759 000	34 866 000	32 398 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 817 000	2 408 000	3 757 000	6 708 000
Unpaid Taxes	1 511 000	1 074 000	1 123 000	1 287 000
Dividends	0	0	5 632 000	3 839 000
Other Current Debt	2 691 000	2 687 000	2 046 000	1 533 000
Total Current Debt	10 598 000	9 199 000	9 304 000	12 705 000
Total Equity and Debt	48 439 000	50 958 000	44 171 000	45 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,7 %	26,21 %	23,23 %	34,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,19 %	15,52 %	15,09 %	13,55 %
Current Ratio	4,47	5,4	4,57	3,47
Quick Ratio	−7,55	−21,17	−27,48	11,68
Equity Ratio	0,78	0,82	0,79	0,72
Gross Profit Margin	47,74 %	45,96 %	50,26 %	38,14 %